Trump administration lets U.S.-Mexico-Canada Agreement deadline lapse; deal to remain for 10 years unless extended

The Trump administration has decided not to renew the U.S.-Mexico-Canada Agreement, allowing yesterday's deadline to pass, the Reporter said. Under that outcome, the current trade deal would remain in effect for 10 years unless negotiators reach an extension.

The Reporter said a U.S. trade representative released a statement saying the United States would continue to engage with Canada and Mexico to address the agreement's shortcomings and U.S. trade deficits. "A U.S. trade representative released a statement saying the U.S. will continue to engage with both countries to address the agreement's shortcomings and our trade deficits," the Reporter said.

The transcript does not specify what negotiations or timeline, if any, will follow the deadline lapse. It was not specified whether the administration or Congress will pursue a renegotiation or what concessions, if any, are being sought. No formal votes or legislative actions are recorded in the transcript.